Assetline Finance Limited (AFL), the financial services arm of the David Pieris Group, opened its 56th branch in Panadura. This new branch marks another milestone in the company’s expansion strategy.
The new branch on the Galle Road, is a strategic addition to the Company’s island-wide network given Panadura significance as a thriving business hub, with numerous entrepreneurs and small to medium enterprises.
Residents of Panadura now have access to Assetline Finance’s personalised, flexible, ethical, and professional services., The new branch aims to serve the local community with financial solutions including Vehicle Leasing, Auto Loans, Working Capital Loans, Fixed Deposits and more.
The branch also offers Liyadirya loans, specifically tailored to empower women, the driving force behind Sri Lanka’s informal sector.
This innovative product aims to provide them with enhanced mobility solutions, fostering their independence and facilitating opportunities for additional employment or the expansion of locally driven, small-scale businesses.
AFL’s unwavering commitment to gender inclusivity and access to financial resources, is reiterated in that with over 20% of the Company’s entire lending portfolio is to women.
Customers can now also access AFL latest offering, Green Loans, for environmentally friendly endeavors such as the adoption of roof top domestic solar solutions. This strategic move not only bolsters sustainability efforts but also underscores AFL’s dedication to supporting holistic economic development within the community.
Director and CEO of AFL, Ashan Nissanka said, “Our expansion strategy goes beyond merely opening branches; it revolves around identifying locations where we can maximise our addition and actively contribute to the local economy.
“Our aim is to establish a mutually beneficial scenario for both our valued customers and the Company. We are very excited and committed to providing the people of Panadura with a genuinely customised and differentiated experience,” he said.
